Western Uranium Corporation Terminates Letter of Intent C.WUC |...

Western Uranium Corporation Terminates Letter of Intent
C.WUC | 1 day ago


TORONTO and NUCLA, Colo., Nov. 03, 2017 (GLOBE NEWSWIRE) -- Western Uranium Corporation (CSE:WUC) (OTCQX:WSTRF) (“Western”) announces that it has terminated the binding Letter of Intent to purchase the Graysill Property (“Graysill”) from Pacific Gold & Royalty Corporation. Graysill is located in western Colorado and encompasses the historic Graysill Mine and a series of mining claims containing vanadium and by-product uranium. During due diligence, it was determined that Graysill would not sufficiently allow Western to leverage its vanadium production capability as anticipated because the permitting timeline could not be condensed to coincide with near-term production goals.

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